Episode 46: Treating Your Rental Property Like a Business (not a hobby) with Guest, Wesley Henderson
The Accidental Landlord
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How to Choose the Right LLC for Your Rental Property
"I never go into partnerships without a buy sell, without everything clearly delineated," he says. "In my world, liability world, you know, someone gets injured on your property or you owe someone money, it's no different than anyone else having done it." He recommends setting up an LLC and then also insurance to fight that lawsuit for you.
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